Fed Swaps Resume Pricing In Two Quarter-point Rate Cuts In 2024 - Bloomberg

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JPMorgan Says US Forward Price-to-Earnings Ratio is 'Very Stretched'

May 7, 2024 7:05 AM EDT

JPMorgan Says US Forward Price-to-earnings Ratio is 'Very Stretched'

The analyst comments "We are concerned about inflation staying too high if there is no slack created in the economy, adverse bonds demand-supply with negative term premia, consensus expectation of profit acceleration of almost 20% between Q1 and Q4 of... More